NEC Corp Earnings - Q4 2025 Analysis

Positives

• Adjusted operating profit was ¥287.2 billion, an improvement of ¥63.6 billion YoY.
• Revenue was up and profitability improved by 2.3%, contributing to a significant enhancement of OP.
• FY March 2025 results show a 44% increase in revenue from the previous year, with significant improvement in profitability.
• Free cash flow from operating activities increased by ¥73.2 billion YoY.
• Revenues and adjusted OP of IT services and social infrastructure increased.